http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-05.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   Data released in the U.S. today saw Q3 non-farm productivity increase to 9.5% from the revised prior reading of 6.9% while Q3 unit labour costs were off 5.2%, up from a revised -6.1%.  Also, weekly initial jobless claims continued to move lower, printing at +512,000, down from a revised 532,000 with continuing joblessThu, 05 Nov 2009 22:13:52 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-05.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-05.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   Data released in the U.S. today saw Q3 non-farm productivity increase to 9.5% from the revised prior reading of 6.9% while Q3 unit labour costs were off 5.2%, up from a revised -6.1%.  Also, weekly initial jobless claims continued to move lower, printing at +512,000, down from a revised 532,000 with continuing joblessThu, 05 Nov 2009 22:13:52 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-05.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-04.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4700 figure.   Fresh gains in U.S. equity markets added to the growing view that risk appetite is expanding, favouring currencies with positive interest rate differentials such as the euro and sterling.  Also, the Reserve Bank of India announced it purchased 200 metric tons of gold yesterday, the latest indicationWed, 04 Nov 2009 22:04:42 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-04.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-04.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4700 figure.   Fresh gains in U.S. equity markets added to the growing view that risk appetite is expanding, favouring currencies with positive interest rate differentials such as the euro and sterling.  Also, the Reserve Bank of India announced it purchased 200 metric tons of gold yesterday, the latest indicationWed, 04 Nov 2009 22:04:42 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-04.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-03.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4625 level and was capped around the $1.4810 level.  Data released in the U.S. today saw September factory orders climb 0.9%, a sharp reversal from the August reading of -0.8%, with the ex-transportation component up 0.9%.  These data were just above expectations and are supportive of the view the U.S. economy expanded in the third quarter.  The big news in the marketTue, 03 Nov 2009 22:40:00 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-03.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-03.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4625 level and was capped around the $1.4810 level.  Data released in the U.S. today saw September factory orders climb 0.9%, a sharp reversal from the August reading of -0.8%, with the ex-transportation component up 0.9%.  These data were just above expectations and are supportive of the view the U.S. economy expanded in the third quarter.  The big news in the marketTue, 03 Nov 2009 22:40:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-03.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-02.htmlEURO The euro moved moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4685 level.  U.S. equity markets added to recent gains and the single currency improved today, partially as a result of the increased risk appetite in the markets.  Many data were released in the U.S. today. First, October ISM manufacturing improved to 55.7 from the September reading of 52.6 with the October ISM prices paidMon, 02 Nov 2009 22:35:54 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-02.htmlEURO The euro moved moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4685 level.  U.S. equity markets added to recent gains and the single currency improved today, partially as a result of the increased risk appetite in the markets.  Many data were released in the U.S. today. First, October ISM manufacturing improved to 55.7 from the September reading of 52.6 with the October ISM prices paidMon, 02 Nov 2009 22:35:54 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-01.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4705 level and was capped around the $1.4855 level. The common currency’s month-ending sell-off coincided with a sharp pullback in U.S. equities prices, evidencing a further reduction in risk appetite.  Many data were released in the U.S. today. First, September personal income came in at 0.0%, down from a revised 0.1% in August, while September personal spending met expectationsSun, 01 Nov 2009 22:37:42 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-01.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-01.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4705 level and was capped around the $1.4855 level. The common currency’s month-ending sell-off coincided with a sharp pullback in U.S. equities prices, evidencing a further reduction in risk appetite.  Many data were released in the U.S. today. First, September personal income came in at 0.0%, down from a revised 0.1% in August, while September personal spending met expectationsSun, 01 Nov 2009 22:37:42 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-01.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-29.htmlEURO The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4860 level and was supported around the $1.4685 level.  A sharp gain in U.S. equities precipitated greater demand for the common currency with more demand for riskier assets. There remains a strong positive correlation between U.S. equity prices and the price of the euro.  Stronger than expected U.S. gross domestic product data cemented the increase for risk as Q3 GDPThu, 29 Oct 2009 22:07:56 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-29.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-29.htmlEURO The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4860 level and was supported around the $1.4685 level.  A sharp gain in U.S. equities precipitated greater demand for the common currency with more demand for riskier assets. There remains a strong positive correlation between U.S. equity prices and the price of the euro.  Stronger than expected U.S. gross domestic product data cemented the increase for risk as Q3 GDPThu, 29 Oct 2009 22:07:56 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-29.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.v02.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:22:14 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.v02.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:22:14 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:17:09 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:17:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-27.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4770 level and was capped around the $1.4925 level. Technically, today’s intraday high was right around the 23.6% retracement of the move from $1.4480 to $1.5060 while today’s intraday low was right around the 50% of the same range.  Traders reduced exposure to the common currency after U.S. October consumer confidence printed at 47.7, far below the revised 53.4 result fromTue, 27 Oct 2009 21:50:30 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-27.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-27.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4770 level and was capped around the $1.4925 level. Technically, today’s intraday high was right around the 23.6% retracement of the move from $1.4480 to $1.5060 while today’s intraday low was right around the 50% of the same range.  Traders reduced exposure to the common currency after U.S. October consumer confidence printed at 47.7, far below the revised 53.4 result fromTue, 27 Oct 2009 21:50:30 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-27.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-26.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4845 level and was capped around the $1.5060 level.  The common currency established a fresh multi-month high before eroding and moving away from the psychologically-important US$ 1.5000 figure.  The common currency failed to sustain gains it scored after a People’s Bank of China research report was released that favoured more euro purchases by the central bank. Mon, 26 Oct 2009 21:53:54 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-26.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-26.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4845 level and was capped around the $1.5060 level.  The common currency established a fresh multi-month high before eroding and moving away from the psychologically-important US$ 1.5000 figure.  The common currency failed to sustain gains it scored after a People’s Bank of China research report was released that favoured more euro purchases by the central bank. Mon, 26 Oct 2009 21:53:54 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-26.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-25.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4990 level and was capped around the $1.5060 level.  A move lower in U.S. equities prices reflected risk aversion and less demand for higher-yielding assets, including the euro.  European Central Bank member Sramko verbally intervened, saying the euro’s exchange rate “can start causting problems for the euro zone. It needs more stability and it would certainly be appropriate toSun, 25 Oct 2009 21:51:25 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-25.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-25.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4990 level and was capped around the $1.5060 level.  A move lower in U.S. equities prices reflected risk aversion and less demand for higher-yielding assets, including the euro.  European Central Bank member Sramko verbally intervened, saying the euro’s exchange rate “can start causting problems for the euro zone. It needs more stability and it would certainly be appropriate toSun, 25 Oct 2009 21:51:25 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-25.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-23.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5035 level and was supported around the $1.4945 level.  The common currency is attempting to gain traction above the psychologically-important US$ 1.5000 figure.  The common currency could get a further boost tomorrow if the German October Ifo business confidence indicator climbs higher with some economists focusing on a print of 92.0, up from the September initial print ofFri, 23 Oct 2009 00:05:07 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-23.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-23.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5035 level and was supported around the $1.4945 level.  The common currency is attempting to gain traction above the psychologically-important US$ 1.5000 figure.  The common currency could get a further boost tomorrow if the German October Ifo business confidence indicator climbs higher with some economists focusing on a print of 92.0, up from the September initial print ofFri, 23 Oct 2009 00:05:07 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-23.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-21.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5045 level and was supported around the $1.4890 level.  The common currency reached its highest level since August 2008 but moved lower from multi-month highs after U.S. equity markets slipped late in the North American session.  The Federal Reserve released its October Beige Book and noted the U.S. economy is stabilizing with “modest” improvements, adding “reports of gainsWed, 21 Oct 2009 23:57:18 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-21.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-21.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5045 level and was supported around the $1.4890 level.  The common currency reached its highest level since August 2008 but moved lower from multi-month highs after U.S. equity markets slipped late in the North American session.  The Federal Reserve released its October Beige Book and noted the U.S. economy is stabilizing with “modest” improvements, adding “reports of gainsWed, 21 Oct 2009 23:57:18 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-21.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-20.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4880 level and was capped around the $1.4995 level.  The common currency stopped just short of testing the psychologically-important US$ 1.5000 figure.  Eurozone finance ministers verbally intervened en masse against the euro’s recent appreciation overnight, reiterating their support for the U.S.’s official strong dollar policy. French finance minister Lagarde talked up theTue, 20 Oct 2009 23:58:16 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-20.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-20.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4880 level and was capped around the $1.4995 level.  The common currency stopped just short of testing the psychologically-important US$ 1.5000 figure.  Eurozone finance ministers verbally intervened en masse against the euro’s recent appreciation overnight, reiterating their support for the U.S.’s official strong dollar policy. French finance minister Lagarde talked up theTue, 20 Oct 2009 23:58:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-20.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-19.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4960 level and was supported around the $1.4825 level.  Further strong gains in U.S. equities prices created demand for higher-yielding currencies, including the common currency.  The dollar was also pressured lower by a story that the Federal Reserve Bank of New York is making preparations to utilize reverse repurchase agreements to remove liquidity from the financialMon, 19 Oct 2009 21:52:09 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-19.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-19.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4960 level and was supported around the $1.4825 level.  Further strong gains in U.S. equities prices created demand for higher-yielding currencies, including the common currency.  The dollar was also pressured lower by a story that the Federal Reserve Bank of New York is making preparations to utilize reverse repurchase agreements to remove liquidity from the financialMon, 19 Oct 2009 21:52:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-19.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-18.htmlEURO The euro depreciated modestly vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4850 level and was capped around the $1.4965 level.  The U.S. dollar failed to gain significant traction from reports of weak third quarter earnings from Bank of American and General Electric.  Data released in the the U.S. today saw September industrial production moderate to 0.7% from 1.2% in August while September capacity utilization improved to 70.5% fromSun, 18 Oct 2009 21:51:40 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-18.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-18.htmlEURO The euro depreciated modestly vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4850 level and was capped around the $1.4965 level.  The U.S. dollar failed to gain significant traction from reports of weak third quarter earnings from Bank of American and General Electric.  Data released in the the U.S. today saw September industrial production moderate to 0.7% from 1.2% in August while September capacity utilization improved to 70.5% fromSun, 18 Oct 2009 21:51:40 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-18.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-15.htmlEURO The euro depreciated modestly vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4905 level and was capped around the $1.4965 level. The common currency retraced recent gains before launcing an assault on the psychologically-important US$ 1.5000 figure but many traders believe it is only a matter of time before the pair absorbs this level.  Notably, European Central Bank and monetary officials last week were trying to steer the euro lower with verbalThu, 15 Oct 2009 22:06:30 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-15.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-15.htmlEURO The euro depreciated modestly vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4905 level and was capped around the $1.4965 level. The common currency retraced recent gains before launcing an assault on the psychologically-important US$ 1.5000 figure but many traders believe it is only a matter of time before the pair absorbs this level.  Notably, European Central Bank and monetary officials last week were trying to steer the euro lower with verbalThu, 15 Oct 2009 22:06:30 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-15.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-14.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4945 level and was supported around the $1.4835 level. The common currency continued its ascent towards the psychologically-important US$ 1.50 figure with the U.S. dollar unable to gain traction from positive or negative news.  U.S. equities markets notched impressive gains with the Dow Jones closing above the psychologically-imporant 10,000 level for the first time sinceWed, 14 Oct 2009 22:07:33 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-14.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-14.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4945 level and was supported around the $1.4835 level. The common currency continued its ascent towards the psychologically-important US$ 1.50 figure with the U.S. dollar unable to gain traction from positive or negative news.  U.S. equities markets notched impressive gains with the Dow Jones closing above the psychologically-imporant 10,000 level for the first time sinceWed, 14 Oct 2009 22:07:33 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-14.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-13.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4875 level and was capped around the $1.4760 level.  The common currency continues to inch towards the psychologically-important $1.50 figure and the U.S. dollar it now at its weakest level since before the Lehman bankruptcy.  Data released in the eurozone today saw French September consumer prices decline 0.2% after climbing 0.5% last month, and were off 0.4% y/y. Tue, 13 Oct 2009 22:06:40 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-13.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-13.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4875 level and was capped around the $1.4760 level.  The common currency continues to inch towards the psychologically-important $1.50 figure and the U.S. dollar it now at its weakest level since before the Lehman bankruptcy.  Data released in the eurozone today saw French September consumer prices decline 0.2% after climbing 0.5% last month, and were off 0.4% y/y. Tue, 13 Oct 2009 22:06:40 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-13.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-11.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4675 level and was capped around the $1.4795 level.  The common currency pared some intraweek gains following a significant round of intervention from Asian central banks overnight in which the U.S. dollar was lifted higher.  Federal Reserve Chairman Bernanke was on the wire overnight saying interest rates will need to eventually move higher but most Fed-watchers believe theSun, 11 Oct 2009 22:06:26 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-11.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-11.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4675 level and was capped around the $1.4795 level.  The common currency pared some intraweek gains following a significant round of intervention from Asian central banks overnight in which the U.S. dollar was lifted higher.  Federal Reserve Chairman Bernanke was on the wire overnight saying interest rates will need to eventually move higher but most Fed-watchers believe theSun, 11 Oct 2009 22:06:26 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-11.html